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ArcelorMittal joins Kumba in fight against ICT

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ArcelorMittal SA has decided to join Kumba in its legal battle against Imperial Crown Trading.

Aurora liquidators deny bias claims

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Aurora Empower Systems was never given preference because of its political connections, axed Pamodzi Gold liquidator Enver Motala says.

Creditors are gunning for Aurora

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Creditor are sharpening their teeth for the directors of embattled mining company Aurora Empowerment Systems.

Platinum Australia faces tough situation

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Platinum Australia appears between a rock and a hard place given the labour unrest at Smokey Hills, which must perform at its best over the next two quarters to avoid a financial crunch.

Probe Aurora and Motala: Cosatu

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Trade union federation Cosatu says the politically-connected Aurora Empowerment Systems and the liquidators of Pamodzi Gold need to be investigated.

Trans Hex to post a loss

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Trans Hex shares rose nearly 6% on the JSE today despite the release of a trading statement showing the diamond company would report a loss of R45.1m for the year to end-March.

Govt clarifies BEE coal export quotas

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Three or four black-owned coal firms will get export entitlement through the Richards Bay Coal Terminal following the long-awaited reorganisation of the Quattro system, government says.

Aurora, Shandong cancel Pamodzi meeting

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Both Aurora Empowerment Systems and its potential Chinese investor have cancelled a meeting scheduled with Pamodzi Gold unions and liquidators, says an official.

Tanzanian explorer to list on JSE

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AIM-listed gold exploration group Kibo is to list on the JSE's AltX, but is not looking to raise any money at this stage for its five projects in Tanzania.

Aurora told to vacate Pamodzi mines

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Liquidators have given Aurora Empowerment Systems three days to leave the Pamodzi mines in Orkney and Springs.